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Touts rule, bad meds on sale, reveal Delhi raids

-The Hindustan Times New Delhi: Life-saving drugs that need to be stored at low temperatures left out in the open, touts having a free run of transport offices and schools violating guidelines - all this and more was unearthed during raids by the Delhi government officers on Thursday. On the directions of the Lieutenant Governor Najeeb Jung, 19 teams of senior officers fanned out in the city, exposing thriving malpractices in...

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Onion farmers for change, grape growers whining for status quo-Amruta Byatnal

-The Hindu   Dindori (Maharashtra): This constituency in Nashik district does not occupy a particularly significant spot on the election map, but it presents a neat battle of "status quo vs. change" between its elite wine-grape farmers and onion growers. While onion farmers are rooting for change, grape growers are largely status-quoist, favouring the Congress for fear that a Bharatiya Janata Party-led government will not encourage the nascent wine industry in the country. Dindori,...

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The political economy cycle in India-Pramit Bhattacharya

-Live Mint     As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...

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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

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India growth story marred by disturbing inequity -Sachin Kumar Jain

-Down to Earth 68th Round of National Sample Survey makes it amply clear that the wave of economic growth has not percolated down from the 0.003 per cent of population of ruling elite (as per Income Tax records, only 42,800 persons have taxable Income more than Rs 1 crore in India). 99.996 per cent population is spending between just Rs 25.90 and Rs 37.36 per capita per day (average MPCE) in...

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